Iskra Smart Solutions
ActiveIskra Smart Solutions has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €175k and a net result of €47k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 71% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
80
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability91▲+1
Solvency90▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 1.75 in 2023; short-term debt: 23.9% and cash: 18.9% of total assets), and 35% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
6 d early
2022
61 d early
2021
31 d early
2020
1 d early
2019
on the day
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€178k▼ 4.0%
2019 · €185k
2018: €159k
2019: €185k
2018 → 2020
EBIT margin
24.1%▲ 29.2pp
2019 · -5.1%
2018: 29.7%
2019: -5.1%
2018 → 2020
Net result
€47k▲ 23.3%
2023 · €38k
2018: €61k
2019: €-15k
2020: €15k
2021: €4k
2022: €2k
2023: €38k
2018 → 2024
Working capital
€86k▲ 100%
2023 · €43k
2018: €78k
2019: €32k
2020: €24k
2021: €32k
2022: €27k
2023: €43k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€178k-
Equity€84k-€88k▲ 4.6%€90k▲ 2.4%€128k▲ 42.7%€175k▲ 36.9%
Operating result€43k-€8k▼ 80.7%€7k▼ 11.9%€60k▲ 728%€66k▲ 9.3%
Net result€15k-€4k▼ 74.0%€2k▼ 45.8%€38k▲ 1,731%€47k▲ 23.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 9% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €270k
Fixed assets
€119k▼ 2.6%
Current assets
€151k▲ 49.9%
Equity and liabilities €270k
Equity
€175k▲ 36.9%
Debt
€94k▼ 0.2%
The debt ratio falls from 42.5% to 35.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€72k▲
2023 · €67k
Cash flow
€53k▲
2023 · €45k
Solvency
65.0%▲
2023 · 57.5%
Current ratio
2.34▲
2023 · 1.75
Quick ratio
2.34▲
2023 · 1.75
Debt / equity
0.54▼
2023 · 0.74
ROE
27.0%▼
2023 · 29.9%
ROA
17.5%▲
2023 · 17.2%
Interest coverage
65.28▲
2023 · 41.89
Debt
€94k▼
2023 · €95k
Debt ≤ 1 year
€64k▲
2023 · €57k
Debt > 1 year
€14k▼
2023 · €25k
Income taxes
€20k▲
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€223k€270k▲
Fixed assets21/28€122k€119k▼
Tangible fixed assets22/27€122k€119k▼
Land and buildings22€111k€109k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€10k€8k▼
Current assets29/58€101k€151k▲
Amounts receivable within one year40/41€58k€12k▼
Trade receivables40€52k€12k▼
Other amounts receivable41€6k€0▼
Cash at bank and in hand54/58€32k€51k▲
Deferred charges and accrued income490/1€10k€87k▲
Equity and liabilities
Total equity and liabilities10/49€223k€270k▲
Equity10/15€128k€175k▲
Contributions10/11€6k€6k=
Reserves13€68k€114k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€66k€112k▲
Profit (loss) carried forward14€54k€55k▲
Amounts payable17/49€95k€94k▼
Amounts payable after more than one year17€25k€14k▼
Financial debts170/4€25k€14k▼
Amounts payable within one year42/48€57k€64k▲
Current portion of amounts payable after more than one year42€13k€11k▼
Trade debts44€5k€11k▲
Suppliers440/4€5k€11k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€20k€33k▲
Taxes450/3€20k€31k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€19k€9k▼
Accrued charges and deferred income492/3€12k€16k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€69k€76k▲
Operating profit (loss)9901€60k€66k▲
Financial income75/76B€0€3k▲
Recurring financial income75€0€3k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€59k€68k▲
Income taxes67/77€20k€20k▲
Profit (loss) for the period9904€38k€47k▲
Profit (loss) for the period to be appropriated9905€38k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€101k▲
Profit (loss) brought forward from the previous period14P€54k€54k▲
Transfer to equity691/2€38k€46k▲
To other reserves6921€38k€46k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €150kEq €175k ▲36.9%
5 profitable years in a row build equity to €175k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €128k ▲42.7%
4 profitable years in a row build equity to €128k.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-15k ▼125%
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
25-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 86 days late
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 175 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wichelen · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Elsbrug 739260 WichelenGround area
258 m²
Building footprint
78 m²
Volume, LiDAR
471 m³
Parcel 42026B1874/00M000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Iskra Smart Solutions
since 20172.263.277.046
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42026B1874/00M000 | Flanders | 258 m² | 1 · 78 m² | 8.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,446 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-12-2016
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
68201Renting and operating of own or leased residential real estate, excluding social housing
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.